A morning star reversal has formed on the weekly chart for $AVB, with the backdrop of a strong gold price and pending updates on the 2m oz project this trade concept provides a solid R:R
When the pattern last played out in mid 2017 a 24% rise occurred which faced resistance at previous support.
The exit has been chosen at the old support level of 9.5c which gives around 15% in the success case
When the pattern last played out in mid 2017 a 24% rise occurred which faced resistance at previous support.
The exit has been chosen at the old support level of 9.5c which gives around 15% in the success case